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Oct 27, 2012
10/12
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CNBC
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chevron. this company preannounced numbers that nobody is too crazy, but they are far too often undervalued. if it's down going into the quarter and oil is strong the day before or we get a tight inventory number wednesday, pick up chevron. there might be a deep in the money call option. beyond earnings on friday, oh, boy, here is controversy. october nonfarm payroll report, remember, the thing under 8%, big hooplah. don't know if there is a more important payroll result. these numbers have become a firestorm of controversy. and i think anything which shows a further pickup in hiring would be greeted with a level of partisan skepticism that will indeed blunt the good news. here is what you need to know. a good number and you actually think that obama is bad for the stock market. putting it out there, okay? you might get a chance to set up a short into the opening, in other words, sell stocks into the opening. me? call me prosaic. i want to hear hyram is coming back. and here is the bottom line
chevron. this company preannounced numbers that nobody is too crazy, but they are far too often undervalued. if it's down going into the quarter and oil is strong the day before or we get a tight inventory number wednesday, pick up chevron. there might be a deep in the money call option. beyond earnings on friday, oh, boy, here is controversy. october nonfarm payroll report, remember, the thing under 8%, big hooplah. don't know if there is a more important payroll result. these numbers have...
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Nov 2, 2012
11/12
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exon and chevron also reported lower earnings. that's not helping right now either. >> that's part of the drag on the dow jones industrial average, for sure. the energy stocks. the exon and chevron shares are part of the dow 30. that's definitely among the weak spots today. overall, it's also the uncertainty. we're looking at these pictures of these gas lines, people waiting to get gasoline. we're looking at shortages on food and recognizing that, you know, just because the hurricane has passed, doesn't mean the implicationed have passed. the work is just beginning. >> ben, what do you think next week? a little bounce or what do you expect? >> no, i think we can still see a bit of a pullback. my concern is there's so little economic data next week it can be a frenzy of headline driven events that can lead to the volatility of the market. >> all right. thank you very joining us. that'll do it for the
exon and chevron also reported lower earnings. that's not helping right now either. >> that's part of the drag on the dow jones industrial average, for sure. the energy stocks. the exon and chevron shares are part of the dow 30. that's definitely among the weak spots today. overall, it's also the uncertainty. we're looking at these pictures of these gas lines, people waiting to get gasoline. we're looking at shortages on food and recognizing that, you know, just because the hurricane has...
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Nov 3, 2012
11/12
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KICU
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chevron says the fire had an impact in production. >>> well, apple fans can finely get their hands on one version of the new i pad mini and the latest generation ipad. some of the fanfare was missing today when apple stores first opened their door its. >> 3, 2, 1. [cheers and applause] >> reporter: kicking off the debut. lines long, excitement, high. here at the san francisco store at 8:00 a.m. it was more subdued with the line smaller than the number of apple staff serving those waiting. >> i thought it was going to be longer. i thought it was going to be wrapped around the corner. when the 3 came out it was wrapped around the corner. i was stoked when i saw the line. >> unlike the all size fits all iphone they must choose between the larger and smaller. >> i think i like the mini because i can carry it around. what i want to do is carry it around with me all of the time. >> i know i want one and i got to have it. so i came out this morning and i am super pleased. >> reporter: one of the relationship the lines may be shorter is -- one of the reasons the lines are shorter is these are
chevron says the fire had an impact in production. >>> well, apple fans can finely get their hands on one version of the new i pad mini and the latest generation ipad. some of the fanfare was missing today when apple stores first opened their door its. >> 3, 2, 1. [cheers and applause] >> reporter: kicking off the debut. lines long, excitement, high. here at the san francisco store at 8:00 a.m. it was more subdued with the line smaller than the number of apple staff serving...
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there is a better sense chevron down $3.45. going to nicole petallides at new york stock exchange maybe they thought nobody would best. >> three ipo today the first after hurricane sandy. look at restoration hardware up 32% of the earlier highs but it had a great pop which is a furniture retailer excepted beautifully. standing next to south cross energy up battle point* 5%. they did well even though hurricane sandy blooms on the eastern seaboard. liz: day do not sell hardware. they sell pretty stuff. [laughter] lasalle whole crew knows, the devastation from hurricane zandi -- sandy is felt that these coast with the energy side then the human side. we have lived team coverage 40 miles from and had an atom we will start with you. >> behind me receive the national guard and passing a water but also red cross now showing up but the field of dreams foundation and they showed up early on their own volunteers bringing food and clothing. diapers, betting common medications, food if you can cook or pizzas if you cannot. people are comin
there is a better sense chevron down $3.45. going to nicole petallides at new york stock exchange maybe they thought nobody would best. >> three ipo today the first after hurricane sandy. look at restoration hardware up 32% of the earlier highs but it had a great pop which is a furniture retailer excepted beautifully. standing next to south cross energy up battle point* 5%. they did well even though hurricane sandy blooms on the eastern seaboard. liz: day do not sell hardware. they sell...
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Nov 2, 2012
11/12
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chevron company reporting earnings of $2.69, lower than estimates of $2.83, that analysts expected. revenue looks below expectations. exxon had a great number because of refining margins so i don't know why this would be below. hopefully we looked apples to apples. >> coming up we've got the jobs effect on next week's presidential election, up next we'll talk to glenn hubbard, economic adviser to the romney campaign and dean of the columbia business school to get his thoughts on the number. >>> welcome back to "squawk box." lets aget to the jobs report and the political impact of the employment numbers. joining us now columbia business school dean and romney campaign economic advicer glenn hubbard. glenn, good to see you. >> good morning. >> thanks. in addition to it being a pretty good overall number, the 170 number this month some people are saying the revisions to last month do show a pick-up in something. is it the housing market that came around? is it a good number? >> well i think that our expectations may be dumbed down a bit. it's consistent with about 2% gdp growth and we
chevron company reporting earnings of $2.69, lower than estimates of $2.83, that analysts expected. revenue looks below expectations. exxon had a great number because of refining margins so i don't know why this would be below. hopefully we looked apples to apples. >> coming up we've got the jobs effect on next week's presidential election, up next we'll talk to glenn hubbard, economic adviser to the romney campaign and dean of the columbia business school to get his thoughts on the...
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Nov 2, 2012
11/12
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KTVU
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. >>> this morning chevron reported its net income fell 33%. san ramon energy company blames lower oil and gas prices. and production slow down because of planned maintenance and hurricane in the gulf of mexico hurt its bottom line. chevron says it earned $5.25 billion. yesterday exxon mobile reported profits fell 7% there. the 2012 world series champion giants can't rest on their laurels. that is according to sports marketers. they must continue to atrack fans to the ballpark. and capitalize on the brand. they tell the san francisco business times the giants there to avoid the appearance of price gouging. keep season ticketholders happy and remain humble. >> i don't worry about them with that. >>> 6:53. boy a bold luxury theft. what thieves stole and why they only wanted one thing. >>> don't forget you can get ktvu news to go download our ktvu app click the live icon. >>> welcome back to the ktvu channel 2 morning news. live look at the big board. dow jones up a little bit. mostly favorable response to the jobs report. we could see more gains.
. >>> this morning chevron reported its net income fell 33%. san ramon energy company blames lower oil and gas prices. and production slow down because of planned maintenance and hurricane in the gulf of mexico hurt its bottom line. chevron says it earned $5.25 billion. yesterday exxon mobile reported profits fell 7% there. the 2012 world series champion giants can't rest on their laurels. that is according to sports marketers. they must continue to atrack fans to the ballpark. and...